Producer prices in the Eurozone rose 0.6% mom in April 2026, following a 3.4% surge in March, which marked the largest increase since August 2022, and above expectations of 0.4%. Energy prices fell 0.4% in April, after soaring 11% in March amid the energy shock triggered by the conflict with Iran. Excluding energy, producer prices increased 0.9%, accelerating from a 0.4% rise in the previous month. Among the main components, prices for intermediate goods rose at a faster pace (1.8% vs. 0.7%), while durable goods prices increased 0.3% (vs. 0.1%). Prices for non-durable goods were unchanged after rising 0.3% in March, and capital goods prices increased 0.3%, matching the previous month's rate. Across the Eurozone's largest economies, producer prices moderated in Germany (1.2% vs. 2.5%), Italy (0.1% vs. 5.9%), and Spain (1.7% vs. 6.2%), while prices declined in France (-2.1% vs. 1.9%). On an annual basis, producer prices advanced 4.9% in April, the strongest increase since March 2023.